Robert Millner Purchases 25,000 Shares of Washington H. Soul Pattinson and Company Limited (ASX:SOL) Stock

Washington H. Soul Pattinson and Company Limited (ASX:SOL) insider Robert Millner acquired 25,000 shares of Washington H. Soul Pattinson and Company Limited stock in a transaction on Monday, March 24th. The shares were bought at an average price of A$34.42 ($21.65) per share, with a total value of A$860,600.00 ($541,257.86).

Washington H. Soul Pattinson and Company Limited Stock Performance

The company has a current ratio of 3.31, a quick ratio of 2.87 and a debt-to-equity ratio of 8.52. The stock has a market capitalization of $12.34 billion, a price-to-earnings ratio of 21.86, a PEG ratio of 4.73 and a beta of 0.44.

Washington H. Soul Pattinson and Company Limited Increases Dividend

The company also recently announced a Interim dividend, which will be paid on Tuesday, May 13th. Shareholders of record on Tuesday, May 13th will be issued a dividend of $0.44 per share. The ex-dividend date of this dividend is Monday, April 14th. This represents a dividend yield of 1.29%. This is a boost from Washington H. Soul Pattinson and Company Limited’s previous Interim dividend of $0.40. Washington H. Soul Pattinson and Company Limited’s dividend payout ratio is presently 69.34%.

Washington H. Soul Pattinson and Company Limited Company Profile

Washington H. Soul Pattinson and Company Limited, an investment company, engages in investing various industries and asset classes in Australia. It operates through Strategic Portfolio, Large Caps Portfolio, Emerging Companies Portfolio, Private Equity Portfolio, Structured Yield Portfolio, and Property Portfolio segments.